Well, the owners of the house we placed a bid on weren't keen on negotiating even after our second offer. They didn't bother to call back, not even after their realtor spent a good two hours trying to reason with them (goes to show that our offer was indeed a decent one). Oh well. We know there were at least two other families considering bidding on the house if our bid wasn't accepted, but as of today, the place is still on the market with no new offers. We'll just let the owners sit for a bit -- we figure in a few weeks, if they don't get anything better (if at all), they may come back to us.So this weekend, we went back out to look at MORE houses. And we've found another one we like that may end up being an even better deal, depending on how much we can talk the price down. So here we go for another round. D is e-mailing our realtor to get the paperwork in order as I'm writing.
Everything else in the whole house-buying process has gone well so far. D met with our intended loan officer on Wednesday and gave her all the required documents for review. Sounds like we're in good shape there. Whether it's because of our credit scores or the influences described in this article, which coincidentally appeared in my newsfeed that same day, we won't know. But we're happy either way.
5 comments:
Yep, it's those two shining eager faces that show there is not a malicious bone in either of your bodies that have got you brownie points.
Shame about the house - maybe they'll have to consider lowering their expectations.
That's the thing, FF -- they haven't reached that point yet with their expectations but they'll certainly need to if they want to get that house off their hands!
We were thinking about bidding on another house (not the one we're bidding on now or the previous one), but we saw that the owners had overpaid pretty badly for it a few years ago when the market was quite different. We're not inclined to bid more than what we've calculated it to be worth, based on more recent figures, but that would guarantee that the owners would lose money on their investment. The chances they'd be willing to do that are still low given that the market is just shifting. The waiting game is necessary, but it would be nice if we could make time speed up a bit to soften everyone up!
Hee hee, you guys look so responsible. Good job! Good luck.
Good idea having your to do list on here. I love extra details like this on blogs.
Thanks, Jacqueline! Scary new frontier, no?
FF -- I figure the to-do list will keep me from procrastinating too much as I hit this last intense stretch of work before I'm back home for good. I definitely need the motivation.
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